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SportBusiness International Newswire

An investment group led by former Washington Capitals co-owner Jon Ledecky and Scott Malkin has struck a deal to acquire a “substantial” minority stake in the New York Islanders that will increase to a controlling shareholding in the National Hockey League franchise in two years’ time.

Horse racing powerhouses Victoria Racing Club, Ascot and Goodwood Racecourses and the Breeders’ Cup have signed up as founding partners of a new media company that has launched today (Tuesday) and is designed to drive exposure for the sport across digital platforms.

LaLiga president Javier Tebas has hit out at the plans of Fifa counterpart Gianni Infantino to launch new club and national team competitions, stating the proposals hark back to the old days of world football’s governing body.

Iraq has been awarded hosting rights for this year’s West Asia Football Federation (WAFF) Championship, with the event to mark the first time the country has hosted a national team tournament since the 1990s.

Birmingham City Council is considering implementing a levy on tickets for events in the West Midlands region, as well as introducing a hotel tax, as a means of raising funds to stage the 2022 Commonwealth Games.

UK Culture Secretary Matt Hancock has said that he is unlikely to call for an investigation into Comcast’s bid to gazump rival media company 21st Century Fox’s takeover bid for Sky, a major sports broadcaster in Europe.

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In Brief

Uefa has today (Thursday) announced that the Atatürk Olympic Stadium in Istanbul, Turkey, will host the final of its Champions League competition in 2020, while European football’s governing body has also confirmed the schedule for the Euro 2020 national team tournament.